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Nov 20, 2013 4:00am PST
chair nominee janet yellen stressed the need to keep interest rates low. in a letter to massachusetts senator elizabeth warren. yellen wrote that unemployment reaching 6 and a half percent was not a trigger and that "monetary policy is likely to remain highly accommodative long after one of the economic thresholds... has been crossed." "the biggest challenge we have is credibility, that we will do whatever it takes to get the economy back and get inflation up to 2%." speaking before a conference of bankers, charles evans, president of the chicago fed offered a total amount for the fed's asset purchase program but no time-table for tapering. "we're probably going to end up purchasing at least 1.5 trillion dollars until we finally end this, and it maybe more. " despite improvements in europe, global economic growth is expected to lag this year and next. to the organization for economic cooperation and development-- forecasts growth of just 2.7% this year and 3.6% next year.the group describes the global economy as "stuck in first gear". mexico is experiencing something of a renaissanc
Nov 28, 2013 11:00pm PST
island, maine and massachusetts banned big box stores, department stores and large super markets from opening today and on christmas day. some of the laws go back to colonial times. efforts by business groups to overturn those laws have failed. >>> ahead at 10:30. going beyond extra patrols. how retailers plan to keep shoppers safe this black friday. >> now to the south bay where we have new details tonight in a deadly officer involved shooting in east san jose. started at 10th 30 this morning with a stabbing that left three people injured. police say the suspect then car jacked a nearby mini van and led police on a short chase which included going the wrong way on interstate 680. >> this man was coming -- this van was coming towards us swaying crazy like 17 miles per hour. oh, my gosh, what is this guy doing? >> all ended a short distance away. that's where we mind maureen with one family's tail. >> reporter: since our earlier report, this has since reopened and we can show you where the mini van crashed into this tree. and we were able to speak with the father inside this home who i
Nov 29, 2013 11:00pm PST
a roadway. other demonstrations took place in virginia, massachusetts, florida and maryland. >>> union square was the scene of another protest urging people not to buy or wear fur. for 27 years the san raphael based nonprofit in defense of animals has lead the protest. animal rights advocates say the goal is to call attention to the number of an 3458s killed for their -- number of animals killed for their fur. >> there are so many fake furs warmer than the real thing and more environmentally friendly. no one has to die for a fake fur. >> fur free friday has become the world's largest annual, animal rights demonstration. >>> celebration on the coast. on sunday wildlife advocates will mark the signing of a new law at an event in half moon bay where two malnourished, cougar kittens were killed by a ranger one year ago. outrage over the shooting prompted the law allowing rangers to relocate mountain lions not found to be a threat to humans. it takes effect january 1st. >>> 101 dui arrests just this year in 2013, and it isn't over yet. >> we ride along with a bay area police officer and fin
Search Results 0 to 2 of about 3